Partnerships

Accounting software for partnerships

Keep one clear set of books for your partnership, and see income and costs by partner, project or service.

A partnership shares income, costs and responsibility, so the books need to be clear to everyone involved. AvrioBooks has a partnership business type, invoices and bills, bank reconciliation, VAT and a full set of reports. Invite your partners as users and give each the access they need. On the Standard plan and above, use segments to tag income and costs by partner, project or service, then report on each.

AvrioBooks does not prepare partnership tax returns or divide profit between partners for you, so use the reports with your accountant. See multiple businesses if you run more than one.

Partnership business type

Set up your books as a partnership from the start.

Invite your partners

Give each partner a user account and set their role.

Segments

Tag income and costs by partner, project or service on the Standard plan and above.

Invoices and bills

Send invoices, record bills and track what is owed.

Bank reconciliation

Import statements and reconcile each month.

Reports

Profit and loss, balance sheet and more, filtered by segment.

Get going in four steps

  1. Start a free trial and choose partnership as the business type.
  2. Invite your partners and set their roles.
  3. Create segments for partners, projects or services.
  4. Run reports and share them with your accountant.

Frequently asked questions

Is there a partnership option?

Yes. Partnership is one of the business types you can choose when you set up.

Can I track income by partner?

Yes, with segments on the Standard plan and above.

Does AvrioBooks calculate each partner's profit share?

No. Use the reports with your accountant to divide profit.

Can my partners all have access?

Yes. Invite them as users and set their roles and permissions.

How much does it cost?

Plans start at £12 a month per business, excluding VAT, after a 30-day free trial of everything in Premium.

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